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yes, like all members of the European Union, Austria is also part of the gigantic green subsidy machine that is destroying our economy on the continent. this brings subsidies in the short term and higher energy prices for consumers and industry in the long term, thus damaging the economy.
Why arent they affected as bad as Germany?
Germany is suffering disproportionately from immigration into its social system. Added to this is the shock of the phase-out of nuclear energy, an exaggerated application of the eu climate rules and its dependence on the automotive sector, which is hit hardest by these climate rules. in addition, there are shocks on the energy market that have a different effect in Germany than in Austria, for example the new heating law and similar regulations
So austria is a bit isolated in that regard.
Did they have to shut down any nuclear, or are they getting their energy from someplace else?
They shut it down 45 years ago so never got this shock
Does Austria make any of its own energy, or import it all?
They have a high import quota of about 12% of electricity for example
Where do they make the rest of it?
Natural gas or coal?
They are going slower and more carefully.
They dont want to be trapped like Germany.
Do they have any green energy initiatives started?